Announced
Financials
Sources
Tags
Majority
Friendly
dairy farms
IT Services: Other
Private
Single Bidder
Private Equity
computerized systems
Acquisition
Pending
Israel
Cross Border
Synopsis
Livestock Improvement, a multinational farmer-owned co-operative, offered to acquire a 50% stake in Afimilk, a provider of advanced computerized systems for the modern dairy farm and for herd management, for $70m. Afimilk’s current shareholders are Kibbutz Afikim and Fortissimo. LIC Chair Murray King says the investment will help give LIC access to the data it needs to deliver superior herd improvement services and agri-tech for New Zealand farmers into the future and will improve access to onfarm technology solutions.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.